Ethereum layer 2 project Arbitrum (ARB) plans to invest hundreds of millions of dollars to support Web3 games on the ecosystem.
In a recent post, Arbitrum Foundation stated that Web3 their games to support and encourage new developments $400 million worth 200 million ARB He stated that it would be spent.
“Game Catalyst ProgramThis move, called “ It will be spread over a period of 2 years The team stating 160 million ARB will be given to teams developing new games. If 40 million He emphasized that it will be used for infrastructure developments:
Arbitrum has emerged as a leader in the competitive networking race through a dynamic formula of innovation, robust technology, organic builders, and a variety of short- and long-term incentives. This dynamic hasn’t materialized in the web3 gaming vertical, but we believe the same opportunity exists to attract top builders who will create sticky, quality games that will bring and retain new users to Arbitrum.